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INNINGS

1ST 2ND 3RD 4TH 5TH 6TH 7TH 8TH 9TH EXTRA
BUYERS CREDIT LOANS PLANNING KNOWNS BROKERS MARKET NEGOTIATIONS APPRAISALS CLOSING WHAT IF?
SELLERS FOR SALE PLANNING CLEARING APPEAL DISCLOSURE OPEN HOUSE THE OFFER APPRAISALS CLOSING WHAT IF?
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CLICK HERE FOR 9TH INNING - CLOSING

Eighth Inning - Appraisals

Pitch 1 - Appraisal

Usually ordered by the buyer’s mortgage company from their approved list of appraisers. If you have a previous appraisal it may be of some help as far as details, measurements.

  Pitch 2 - Inspections

Usually structural, mechanical, and termites are done at the same time. Takes 1.5 to 2.5 hours depending on size and age of house. Seller may be present.

Pitch 3 - Repairs

Seller may ask permission to speak to buyer’s inspector regarding the best way to make repairs and other recommendations. as details, measurements.


Coach's Tips

Pinch Hitter

The Appeal
Appraisal comes in low. You may appeal.

The Verifier
Inspections. Seller may question and provide documentation..

The Balance
Repairs. You can determine what and if you will do anything.

The Charlotte Angels 
Learn more from your Angel Advocates

Angel Advocate 1
If the buyer’s appraisal comes in higher do the buyers have to pay the higher price?

Angel Advocate 2
The inspector missed a rotten joist on the report for the buyer. The buyer got a second opinion. Who is responsible for fixing it?
Angel Advocate 3
Is a termite letter mandatory?

 

Angel Answer:
Not unless the contract states that.
Angel Answer: 
The first inspector.
Angel Answer: 
Not always, but in Charlotte, NC, it should be.
 

Got, Alotta, Charlotte!


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